Deutsche Bank set a €105.00 ($122.09) target price on Siemens (FRA:SIE) in a report published on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages have also issued reports on SIE. Jefferies Financial Group set a €126.00 ($146.51) target price on Siemens and gave the stock a buy rating in a research report on Thursday, March 19th. Credit Suisse Group set a €145.00 ($168.60) price target on Siemens and gave the company a buy rating in a report on Monday, February 10th. JPMorgan Chase & Co. set a €128.00 ($148.84) price objective on Siemens and gave the company a buy rating in a research note on Friday, March 20th. HSBC set a €130.00 ($151.16) price objective on Siemens and gave the stock a buy rating in a report on Thursday, December 5th. Finally, Morgan Stanley set a €122.00 ($141.86) target price on Siemens and gave the company a neutral rating in a research report on Wednesday, January 15th. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of €122.50 ($142.44).
FRA:SIE opened at €76.45 ($88.90) on Monday. The firm has a 50-day moving average of €90.99 and a two-hundred day moving average of €104.65. Siemens has a 1-year low of €101.40 ($117.91) and a 1-year high of €133.39 ($155.10).
Siemens Aktiengesellschaft operates in the fields of electrification, automation, and digitalization worldwide. Its Power and Gas segment offers gas and steam turbines, generators, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation. The company's Energy Management segment offers software, products, systems, solutions, and services for transmitting, distributing, and managing electrical power, as well as for providing intelligent power infrastructure.
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